406 York StNewcastleWY82701
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Newcastle at 406 York St, Newcastle, WY, 82701 generates $2,068/mo in rent and, after a $1,116/mo payment, leaves $753/mo in cash flow. Total monthly income is $2,068/mo, and annual cash flow is $9,039/yr on $75,582 invested. Return on cash invested sits at 31.87% in year one, and rental yield is 10.88% on a $228,000 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 166.46% and total cumulative return in cash sums $125,811. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,068/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82701, Newcastle, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,569 (100%) |
| Owner Occupied HU | 1,637 (63.7%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 451 (17.6%) |
| Median Home Value | $248,875 |
| Average Home Value | $303,603 |
Housing Distribution
Address Breakdown
Residential
2,167
Single Family
2,144
Multi-Family
23
Businesses
291
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Listed by: Kera Williams • Keller Williams Realty Black Hills
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #25-2180
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.